505 Morris ST Active

Terrell,TX 75160

$ 450000

4 Beds

4 Baths

1200 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $375

Subdivision Terrell Rev

MLS Listing ID 20899550

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1983

Annual Tax Amount $5,156

Lot Size 3,005 Sqft

Acres 0.069

Property Sub-Type Quadruplex

Property Description

100% occupied 4plex for sale in Terrell, Tx! All 1 bed 1 bath 600 sq. ft units. $3,950 in monthly gross rents + $165 in monthly water bill-backs equals $4,115 in gross monthly income. Unit 5 lease end date 8-31-25, Unit 6 lease end date 7-31-25, Unit 7 lease end date 6-30-25, Unit 8 lease end date 6-30-25. Electricity is separately metered and paid by the tenants. Water is one meter and paid by the owner. Water bill-backs in place to help off-set that cost. Spacious living area greets you upon arrival. Flows into your functional galley Kitchen with ample storage and c-top space! Rare oppourtunity to purchase a 100% occupied duplex at this price-point.

Location

State TX

County Kaufman

Direction Property on Morris on the left

Interior

Interior Features High Speed Internet,Other,Cable TV

Heating Central

Cooling Central Air

Flooring Other

Fireplace No

Exterior

Parking Features On Site,Parking Lot

Pool None

Utilities Available Sewer Available,Water Available,Cable Available

Water Access Desc Public

Roof Type Composition

Total Parking Spaces 8

Building

Foundation Other

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

Middle Schools Furlough

High Schools Terrell

School District Terrell Isd

Others

Tax ID 40633

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